YoungWillz 21,057 Posted January 28, 2023 On 05/03/2020 at 01:12, Clorox Bleachman said: Not any more. Bye bye Flybe. So Flybe was rescued two years ago. Now it's fucked again: https://www.bbc.com/news/uk-64436500 Retaining only 44 jobs. I'll never understand people who want to throw themselves 35,000 feet (whatever that is) into the sky. 1 Share this post Link to post Share on other sites
msc 18,476 Posted January 28, 2023 1 hour ago, YoungWillz said: So Flybe was rescued two years ago. Now it's fucked again: https://www.bbc.com/news/uk-64436500 Retaining only 44 jobs. I'll never understand people who want to throw themselves 35,000 feet (whatever that is) into the sky. They were meant to fly like a bee. Instead they flew like a whale. Share this post Link to post Share on other sites
Sir Creep 7,070 Posted January 28, 2023 Serta Simmons Bedding LLC, which accounts for nearly one-fifth of U.S. bedding sales, has filed for bankruptcy protection in an effort to eliminate most of its debt, as the slowing economy and rising interest rates crimp consumer demand. The Doraville, Georgia-based company, whose roots date to 1870, filed for Chapter 11 protection from creditors on Monday night with the U.S. Bankruptcy Court in the Southern District of Texas. Its prepackaged bankruptcy plan calls for debt to be reduced to $300 million from $1.9 billion. SC 1 Share this post Link to post Share on other sites
Spade_Cooley 9,536 Posted January 31, 2023 And it looks like we have a sponsor for the next round of the DL Cup: Paperchase falls into administration. 1 Share this post Link to post Share on other sites
Imelda 621 Posted January 31, 2023 6 hours ago, Spade_Cooley said: And it looks like we have a sponsor for the next round of the DL Cup: Paperchase falls into administration. Again - though it looks like the name/branding is going to be purchased, but the stores are screwed. Seeing Begbies Traynor as the administrators always makes me smile. YOUSE COMPANY IS FUCKED, PAL! 1 1 Share this post Link to post Share on other sites
Bibliogryphon 9,586 Posted February 6, 2023 M&Co (formally McKays) to close all its 170 stores 1 1 Share this post Link to post Share on other sites
alt obits guy 3,371 Posted February 11, 2023 Bed, Bath & Beyond Canada closing all 54 stores. https://www.cbc.ca/news/business/bed-bath-beyond-canada-going-out-of-business-closing-54-stores-1.6745092 1 Share this post Link to post Share on other sites
alt obits guy 3,371 Posted March 3, 2023 Nordstrom closing in Canada, shuttering all 13 stores. https://www.cbc.ca/news/business/nordstrom-canada-1.6766073 Share this post Link to post Share on other sites
Sir Creep 7,070 Posted March 3, 2023 On 10/02/2023 at 21:45, alt obits guy said: Bed, Bath & Beyond Canada closing all 54 stores. https://www.cbc.ca/news/business/bed-bath-beyond-canada-going-out-of-business-closing-54-stores-1.6745092 43 minutes ago, alt obits guy said: Nordstrom closing in Canada, shuttering all 13 stores. https://www.cbc.ca/news/business/nordstrom-canada-1.6766073 Sucks to be Canadian lol. Share this post Link to post Share on other sites
Spade_Cooley 9,536 Posted March 3, 2023 Of more note to our friends north of the border, Morton's Rolls has apparently ceased trading with immediate effect. 1 2 Share this post Link to post Share on other sites
Paul Bearer 6,102 Posted March 3, 2023 14 minutes ago, Spade_Cooley said: Of more note to our friends north of the border, Morton's Rolls has apparently ceased trading with immediate effect. Cracking bakery. Share this post Link to post Share on other sites
msc 18,476 Posted March 3, 2023 I mean, how? They're a bloody bakery and they sell about three million products a week. That is financially weird. Share this post Link to post Share on other sites
Comped 529 Posted March 3, 2023 19 hours ago, Sir Creep said: Sucks to be Canadian lol. I miss when Ontario's teacher's pension plan owned Hudson Bay and a whole bunch of other big brands as a result. You knew they'd never close unless they had to, because they were making enough money off other projects (like airports and toll roads) that retail was a bit of a side business for them. Share this post Link to post Share on other sites
Sir Creep 7,070 Posted March 24, 2023 Allbirds, Inc., a shoe (sneaker) company, sounds like it’s all but done for despite an IPO not 18 months ago. SC Share this post Link to post Share on other sites
Sir Creep 7,070 Posted March 24, 2023 On 28/07/2018 at 16:26, gcreptile said: Two more Blockbuster stores closed last sunday, one store remains: https://www.newsweek.com/blockbuster-video-store-bend-oregon-now-last-one-existence-1022106 The article also quotes local Alaskan politician Santa Claus. Blockbuster activates (and updates) its website for the first time in 10 years. https://wcrz.com/blockbuster-reactivates-website-after-10-years/?mibextid=Zxz2cZ 1 Share this post Link to post Share on other sites
Drewsky1211 4,755 Posted April 23, 2023 On 10/02/2023 at 21:45, alt obits guy said: Bed, Bath & Beyond Canada closing all 54 stores. https://www.cbc.ca/news/business/bed-bath-beyond-canada-going-out-of-business-closing-54-stores-1.6745092 And now the company has declared bankruptcy. 1 Share this post Link to post Share on other sites
gcreptile 10,978 Posted May 2, 2023 Vice News headed for bankruptcy: https://www.theguardian.com/media/2023/may/01/vice-media-group-bankruptcy-report Kind of sad. They eventually got a bit same-y, but I like to hear their voice occasionally. They have to shrink a lot I guess. Share this post Link to post Share on other sites
Ulitzer95 12,654 Posted May 2, 2023 2 hours ago, gcreptile said: Vice News headed for bankruptcy: https://www.theguardian.com/media/2023/may/01/vice-media-group-bankruptcy-report Kind of sad. They eventually got a bit same-y, but I like to hear their voice occasionally. They have to shrink a lot I guess. Started off good, with original content, then they lost the plot completely. Go woke, go broke. Share this post Link to post Share on other sites
Spade_Cooley 9,536 Posted May 2, 2023 3 hours ago, gcreptile said: Vice News headed for bankruptcy: https://www.theguardian.com/media/2023/may/01/vice-media-group-bankruptcy-report Kind of sad. They eventually got a bit same-y, but I like to hear their voice occasionally. They have to shrink a lot I guess. Shane Smith may well be one of the most incompetent human beings ever in charge of a major company. Vice was given a fucking 90-metre head start in the online space ahead of its rivals, and still managed to piss it all away. Fun fact: Vice's "consultancy" work, which unsurprisingly they were never that keen to talk about publicly, was pretty much all based around how to make Saudi Arabia and tobacco attractive to the 18-30 demographic. 1 Share this post Link to post Share on other sites
gcreptile 10,978 Posted May 2, 2023 Well, journalism is always inherently woke. Vice overestimated the market for that though. They expanded to all kinds of countries, there was (is?) a Vice TV. They caught the hype 15 years ago and now the market for journalism is shrinking. 1 Share this post Link to post Share on other sites
Imelda 621 Posted May 5, 2023 On 02/05/2023 at 09:35, Ulitzer95 said: Started off good, with original content, then they lost the plot completely. Go woke, go broke. Towards the end they were pushing out complete drivel. Even some of my more sympathetic-to-their-cause friends had started to get embarrassed and began to quietly stop mentioning them. Anyway they did at least give us this classic, so far that I will be thankful: https://www.vice.com/en/article/434gqw/i-made-my-shed-the-top-rated-restaurant-on-tripadvisor Share this post Link to post Share on other sites
Sly Ronnie 886 Posted May 5, 2023 On 02/05/2023 at 06:58, gcreptile said: Vice News headed for bankruptcy: https://www.theguardian.com/media/2023/may/01/vice-media-group-bankruptcy-report Kind of sad. They eventually got a bit same-y, but I like to hear their voice occasionally. They have to shrink a lot I guess. https://streamable.com/znjm5 Share this post Link to post Share on other sites
Imelda 621 Posted May 10, 2023 Cross posting here re Jenny Craig On 07/05/2023 at 15:24, mollyafox said: Her namesake company is going out of business after 40 years of operation. 1 Share this post Link to post Share on other sites
Imelda 621 Posted May 17, 2023 Purplebricks has fallen-through The final chapter in the sorry tale of Purplebricks has come to light after the company today announced it is selling the firm’s assets and business to Strike for £1, pending approval by its shareholders. It also marks one of the UK’s biggest corporate falls from grace – Purplebricks was valued at one stage in the billions of pounds – and has now been sold for less than a KitKat. Today’s announcement reveals that CEO Helena Marston (pictured) is to resign from the company as will the rest of the board except the CFO Dominique Highfield and it will exit the stock market and cancel all its shares. https://thenegotiator.co.uk/breaking-purplebricks-sold-to-strike-for-just-1/ Share this post Link to post Share on other sites
Grim Up North 3,726 Posted May 17, 2023 28 minutes ago, Imelda said: Purplebricks has fallen-through The final chapter in the sorry tale of Purplebricks has come to light after the company today announced it is selling the firm’s assets and business to Strike for £1, pending approval by its shareholders. It also marks one of the UK’s biggest corporate falls from grace – Purplebricks was valued at one stage in the billions of pounds – and has now been sold for less than a KitKat. Today’s announcement reveals that CEO Helena Marston (pictured) is to resign from the company as will the rest of the board except the CFO Dominique Highfield and it will exit the stock market and cancel all its shares. https://thenegotiator.co.uk/breaking-purplebricks-sold-to-strike-for-just-1/ Well that's a shocker - Kitkats cost more than a £1 now!?!?! 1 Share this post Link to post Share on other sites
